Choosing the most appropriate binary option trading srevice for your business is complicated with too much features, choices, and offers to consider. On the other hand, relying on our review directory will allow you to cut down the selection steps by displaying all crucial services in a single location.
As an illustration, you can contrast Quotex and uBinary for their functions and overall scores, in this case, 8.0 and 8.4, respectively. Furthermore, you can compare which broker has higher general user satisfaction rating: 97% (Quotex) and 100% (uBinary) to learn which service is the better option. Don’t just start using the service with the most attractive minimum deposit, but the one that gives the best value.
Our experts made sure to prepare reviews of all popular Binary Options Brokers solutions offered on the market, but among them these three deserved our special attention: Nadex, GTOptions, IQ Option.
Also, it has a “double-up” feature where you can place a new trade similar to the position of your initial trade but at the new current price point. It has the same cost to enter with the same expiry time as your initial trade but it’s under the current price.
Payout ratios vary for every asset of its type. For instance, payouts for different currency pairs in forex can vary from 36% to 88%. Moreover, payout percentages can also differ depending on the length of the trade contract. More often, the payouts of five-minute trades and up are higher than those in a shorter timeframe. Payout percentages are pinned on every trading asset with an unmistakable dark orange color.
Quotex members have essentially two types of trading accounts under one name. One is for demo trades and the other one is for live trading. You can access them both in a single session. This allows traders to simulate actions in current conditions before jumping in with live trades. Like other binary options platforms, registration is free and so is the demo account. Once new users get the hang of binary trading on the Quotex platform, they can deposit funds for live trading. Also, users can deposit and withdraw funds via bank transfers, epayment solutions, and even cryptocurrency, including Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, and Coinbase. Also, it supports Visa/Mastercard transactions.
Demo Account
Registration: Free
Virtual Currency: $10,000
Transaction Information
Minimum Deposit: $10
Minimum Dollar Withdrawal: $10
Minimum Bitcoin Withdrawal: $50
Withdrawal Time: 1-5 working days
No Transaction Fees (third-party solutions may do)
Quotex works hard to make payments on the same day the withdrawal transaction has been made. Also, depending on the value of transactions, verification may be required. Most of the time, however, no extra verification is needed. Lastly, there is no indication of a minimum maintenance balance.
Payouts Percentage
Variable
Withdrawal Options
Credit Card, Debit Card, Bank Wire Transfer
Assets
Forex, Metals, Oil, Gold, Indices, Commodities
Available Support
email
phone
live support
training
tickets
General Info
Provides users with a hassle-free binary trading options platform that is not only easy to use but also has advanced technical analysis solutions including customizable trend indicators and charts.
All the data, details and reviews that we offered in this analysis were collated from official company pages, promotional materials available online, actual experience from real users as well as our personal direct use of each app by an expert. We do our best to comprehensively examine each service, therefore we not only analyze it internally, but we also correlate our observations with opinions of other users from the B2B community.
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